Margin Stocks, Circular No. 82-86
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Fede ra l r e s e r v e Ba n k o f D allas DALLAS, TEXAS 75222 Circular No. 82-86 July 27, 1982 OVER-THE-COUNTER (OTC) MARGIN STOCKS Revised List TO ALL MEMBER BANKS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: The Board of Governors of the Federal Reserve System has published a revised list of over-the-counter (OTC) stocks that are subject to its margin regulations, effective July 26, 1982. The attached list supersedes the revised List of OTC Margin Stocks that was issued October 5, 1981 and the amendments to that list published on March 1, 1982. Any questions regarding this circular and attachments should be directed to this Bank's Legal Department, Extension 6171. Additional copies of this circular will be furnished upon request to this Bank's Department of Communications, Financial and Community Affairs, Extension 6289. Sincerely yours, William H. Wallace First Vice President Enclosure Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank: 1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the extension referred to above. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library ([email protected]) LIST OF OTC MARGIN STOCKS AS OF JULY 26, 1982 This List of OTC Margin Stocks is comprised of stocks traded over-the-counter (OTC) that have been determined by the Board of Governors of the Federal Reserve System to be sub ject to margin requirements as of July 26, 1982, pursuant to Sections 207.2(f) of Federal Reserve Regulation G, “ Securities Credit by Persons other than Banks, Brokers, or Dealers,” 220.2(e) of Regulation T, “Credit by Brokers and Dealers,” and 221.3(d) of Regulation U, “Credit by Banks for the Purpose of Purchasing or Carrying Margin Stocks.” The List is published from time to time by the Board as a guide for lenders subject to the regulations and the general public. Stocks will be added to the List, or deleted, in the interim between publications as deemed appropriate by the Board. This List supersedes the previous List of OTC Margin Stocks published as of October 5,1981, including amendments to the List published on March 1, 1982. CAUTION: It is unlawful for any person to cause any representation to be made that inclu sion of a security on this List indicates that the Board or the Securities and Exchange Com mission has in any way approved such security or transaction therein. Also, any references to the Board in connection with this List or any securities thereon in an advertisement or similar communication is unlawful. Any inquiry relating to this List or to Regulations G, T, U or X should be addressed to the nearest Federal Reserve Bank. (Prepared for Purposes of Regulations G, T, U and X) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. AEL INDUSTRIES, INC. ALABAMA-TENNESSEE NATURAL AMERICAN FLETCHER CORPORATION Class A, $1.00 par common GAS COMPANY $5.00 par common $1.00 par common AFG INDUSTRIES, INC. AMERICAN FURNITURE COMPANY, INC. $1.00 par common ♦ALASKA PACIFIC BANCORPORATION $1.00 par common No par common AM CABLE TV INDUSTRIES, INC. AMERICAN GREETINGS CORPORATION $.10 par common ALEXANDER & BALDWIN, INC. Class A, $1.00 par common No par common AVM CORPORATION AMERICAN GUARANTY FINANCIAL $1.00 par common ALICO, INC. CORPORATION $1.00 par common No par common, $1.00 stated val ACADEMY INSURANCE GROUP, INC. $.10 par common ALLEGHENY & WESTERN ENERGY CORPORATION AMERICAN INCOME LIFE INSURANCE $.01 par common COMPANY ACAPULCO Y LOS ARCOS RESTAURANTES $1.00 par common $.10 par common ALLEGHENY BEVERAGE CORPORATION $1.00 par common AMERICAN INDEMNITY FINANCIAL ACCELERATION CORPORATION CORPORATION $.10 par common ALLIED BANCSHARES, INC. $3.33-1/3 par common $1.00 par common ACCURAY CORPORATION AMERICAN INTERNATIONAL GROUP, INC. $1.00 par common ALLIED CAPITAL CORPORATION $2.50 par common $1.00 par common * $5.00 par cumulative ACETO CHEMICAL CO., INC. convertible preferred $.01 par common ALPHA MICROSYSTEMS No par common AMERICAN INVESTORS LIFE ADAC LABORATORIES INSURANCE COMPANY, INC. No par common ALPINE GEOPHYSICAL CORPORATION $1.00 par common $.10 par common ADAGE, INC. AMERICAN MANAGEMENT SYSTEMS, INC. $.10 par common ALTAIR CORPORATION (Puerto Rico) $.01 par common $1.00 par common ADDISON-WESLEY PUBLISHING COMPANY, ♦AMERICAN MEDICAL AFFILIATES, INC. INC. AMARCO RESOURCES CORPORATION $.10 par common Class B, no par common $.01 par common AMERICAN METALS SERVICE, INC. ADVANCE ROSS CORPORATION AMAREX, INC. $.01 par common $.10 par common No par common AMERICAN MONITOR CORPORATION ♦ADVANCED SEMICONDUCTOR MATERIALS AMBASSADOR GROUP, INC. No par common INTERNATIONAL N.V. $.10 par common Dfls $.03 par share AMERICAN NATIONAL INSURANCE AMBER RESOURCES COMPANY COMPANY ADVANCED SYSTEMS, INC. $.003125 par common $1.00 par common $.10 par common AMDISCO CORPORATION AMERICAN NUCLEAR CORPORATION ADVENTURE LANDS OF AMERICA, INC. $1.00 par common $.04 par common No par common AMERICAN APPRAISAL ASSOCIATES, INC. AMERICAN PACIFIC INTERNATIONAL ADVEST GROUP, INC., THE $1.00 par common INC. $1.00 par common $.01 par common AMERICAN BANCORP INC. (Pennsylvania) AERO SERVICES INTERNATIONAL, INC. $5.00 par common AMERICAN QUASAR PETROLEUM COMPANY No par common No par common AMERICAN BANKERS INSURANCE AERO SYSTEMS, INC. GROUP, INC. AMERICAN RECREATION CENTERS, INC. $.02 par common $1.00 par common No par common AMERICAN CITY BANK AMERICAN RESOURCES MANAGEMENT AEROSONIC CORPORATION $2.50 par capital CORPORATION $.40 par common $.50 par common AMERICAN EQUITY INVESTMENT TRUST AFFILIATED BANKSHARES OF COLORADO, $11.00 par shares of beneficial AMERICAN SECURITY CORPORATION INC. in te re s t $3.00 par common $5.00 par common AMERICAN FIDELITY LIFE INSURANCE AMERICAN SOLAR KING CORPORATION AIR FLORIDA SYSTEM, INC. COMPANY No par common $.50 par common $1.00 par common AMERICAN STATES LIFE INSURANCE AIR WISCONSIN, INC. AMERICAN FILTRONA CORPORATION COMPANY $.25 par common $1.00 par common $1.00 par common 'Addition to List ♦AMERICAN TRUSTEE INC. APPLIED SOLAR ENERGY CORPORATION AUTOMATED MEDICAL LABORATORIES, $1.00 par common No par common INC. $.01 par common AMERICAN WELDING & MANUFACTURING ARABIAN SHIELD DEVELOPMENT COMPANY, THE COMPANY AUTOTROL CORPORATION No par common $.10 par common $.10 par common AMERITRUST CORPORATION ARACCA PETROLEUM CORPORATION AVANTEK, INC. $6.66-2/3 par common $.01 par common No par common ♦AMFESCO INDUSTRIES INC. ARAPAHO PETROLEUM, INC. AVATAR HOLDINGS INC. $.10 par common No par common $1.00 par common AMICON CORPORATION ARDEN GROUP, INC. AZTEC MANUFACTURING COMPANY $.33-1/3 par common $.25 par common $1.00 par common AMICOR INC. ARGONAUT ENERGY CORPORATION BBDO INTERNATIONAL, INC. $.02 par common No par common $.10 par common AMOSKEAG COMPANY ARIZONA BANK, THE No par common $2.50 par common BSD MEDICAL CORPORATION $.0005 par common AMPAL-AMERICAN ISRAEL CORP. ART'S-WAY MANUFACTURING COMPANY, INC. 6-1/2% cumulative No par common BSN CORPORATION convertible preferred $.01 par common ♦ASK COMPUTER SYSTEMS, INC. ANADITE, INC. No par common BAIRD CORPORATION $.10 par common $1.00 par common ASSOCIATED COCA-COLA BOTTLING ANALOGIC CORPORATION COMPANY, INC. BAKER, FENTRESS & COMPANY $.05 par common $.50 par common $1.00 par common ANALYSTS INTERNATIONAL CORPORATION BALDWIN & LYONS, INC. $.10 par common No par common ANAREN MICROWAVE, INC. ♦ASSOCIATED COMMUNICATIONS CORPORATION BANC ONE CORPORATION $.01 par common $2.50 par common No par common, $5.00 stated value ANCORP BANCSHARES, INC. ASSOCIATED HOSTS, INC. BANCO DE PONCE $3.50 par common $.10 par common $5.00 par common ANDERSEN 2000 INC. ASTROSYSTEMS, INC. BANCO POPULAR DE PUERTO RICO $.25 par common $.10 par common $10.00 par common ANDERSON INDUSTRIES, INC. ATLANTA GAS LIGHT COMPANY BANCOHIO CORPORATION $1.00 par common $5.00 par common $6.66-2/3 par common ATLANTIC AMERICAN CORPORATION BANCOKLAHOMA CORPORATION $1.00 par common $2.00 par common ANDREW CORPORATION $1.00 par common ATLANTIC BANCORPORATION BANCORP HAWAII INC. $1.00 par common $2.00 par common ANTARES OIL CORPORATION $1.00 par cumulative $.01 par common ATLANTIC OIL CORPORATION convertible preferred $.01 par common ANTHEM ELECTRONICS, INC. BANCORP OF PENNSYLVANIA No par common ATLANTIC RESEARCH CORPORATION $5.00 par common $.10 par common APECO CORPORATION BANCTEC, INC. $.50 par common ATWOOD OCEANICS, INC. $.01 par common $1.00 par common APOGEE ENTERPRISES, INC. BANGOR HYDRO-ELECTRIC COMPANY $.33-1/3 par common AUTO-TROL TECHNOLOGY $5.00 par common CORPORATION APPLE COMPUTER, INC. No par common BANK OF DELAWARE No par common $10.00 par capital AUTOCLAVE ENGINEERS, INC. ♦APPLICATION ENGINEERING CORPORATION $.15 par common BANK OF MONTANA SYSTEM $1.00 par common $10.00 par common AUTOMATED MARKETING SYSTEMS, APPLIED MATERIALS, INC. INC. BANK OF NEW ENGLAND CORPORATION No par common $.50 par common $5.00 par common ♦Addition to List - 2 - BANK SECURITIES, INC. BELKNAP, INC. BOGERT OIL COMPANY $5.00 par common No par common $.01 par common BERKLEY, W. R. CORPORATION BOHEMIA INC. BANK SOUTH CORPORATION $.20 par common No par common $5.00 par common BERKLINE CORPORATION, THE *BOLT TECHNOLOGY CORPORATION BANKERS TRUST OF SOUTH CAROLINA $1.00 par common No par common $10.00 par common BETZ LABORATORIES, INC. BONANZA INTERNATIONAL, INC. BANKS OF IOWA, INC. $.10 par common No par common No par common, $2.50 stated value BEVERAGE MANAGEMENT, INC. BONRAY DRILLING CORPORATION $.10 par common $.10 par common BANTA, GEORGE COMPANY, INC. $.10 par common BEVERLY HILLS SAVINGS AND LOAN BOOTHE FINANCIAL CORPORATION ASSOCIATION $1.00 par common BARBER-GREENE COMPANY No par guarantee stock $5.00 par common BOSTON DIGITAL CORPORATION BIBB COMPANY, THE $.10 par common BARDEN CORPORATION, THE No par common $1.00 par common BOWLINE CORPORATION *BIG B, INC.